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Next sales surge as inflation weighs on British shoppers

  Bloomberg Next Plc said store sales soared in the first quarter as they stayed open following the end of pandemic restrictions, even as inflation squeezes shoppers’ disposable income. The British clothing and housewares chain said sales jumped by 285% in a strong start as it reiterated that it expects annual pretax profit of $1.07 billion in the year through ...

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Delta teams up with tiny regional Australian airline Rex

  Bloomberg Delta Air Lines Inc and Australian regional carrier Rex are teaming up to access each other’s networks, a partnership coup for the diminutive Sydney-based carrier as it tries to establish itself as a rival to Qantas Airways Ltd. Rex’s passengers across Australia will be able to connect to Delta’s network in a single booking by joining the US ...

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Mumbai airport gets $750m in Apollo private placement

  Bloomberg Mumbai International Airport Ltd has raised $750 million from a private bond sale to Apollo Global Management Inc after delaying a planned note issue. The operator of India’s No. 2 airport, controlled by the country’s richest man, sold 7.25-year dollar notes to funds managed by Apollo in order to refinance existing debt and fund new capital expenditure, according ...

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